Asked by Eric

Pretend the US inflation rate had been 3.8% per year and the Argentinian inflation rate had been 37% per month.

(a) What is the yearly equivalent of Argentina's 37% monthly inflation rate?

(b) What is the monthly equivalent of the US 3.8% yearly inflation rate?

Answers

Answered by R_scott
see "Math - Clarence today at 11:45am"
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